Canvass AI
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Canvass Analytics secures $3.3 million USD top-up for Series A round

Yamaha Motor Ventures backs Canvass again after its initial investment in 2020. Toronto industrial AI startup Canvass Analytics has raised $3.3 million USD in…

Continue Reading... Canvass Analytics secures $3.3 million USD top-up for Series A round
Muse
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Interaxon secures $9.5 million USD to roll out subscription model for brain sensing headband, Muse

The subscription program is set to launch in Q1 next year. Toronto-based neurotechnology startup Interaxon has closed a $12.1 million CAD ($9.5 million USD)…

Continue Reading... Interaxon secures $9.5 million USD to roll out subscription model for brain sensing headband, Muse
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With a new team, Framework Venture Partners secures $100 million USD first close for second fund

Barbara Dirks, Jim Texier, Mike Dobbins join for Fund II, target $250M final close. Framework Venture Partners is on to its second fund having…

Continue Reading... With a new team, Framework Venture Partners secures $100 million USD first close for second fund
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Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools

Provincial expansions across BC, Ontario, and Qu├ębec have been pinned in favour of focus on Toronto and Vancouver. Toronto-based proptech startup Properly has raised…

Continue Reading... Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools
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FreshBooks secures $100 million USD debt facility from BMO, J.P. Morgan

With fresh funds, FreshBooks wants to continue global expansion, strategic acquisitions. Toronto-based accounting SaaS startup FreshBooks has secured a $100 million USD syndicated debt…

Continue Reading... FreshBooks secures $100 million USD debt facility from BMO, J.P. Morgan
Aurora Hydrogen co-founders
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Aurora Hydrogen secures $12.85 million CAD from Shell, Chevron to build demonstration plant

Aurora is developing clean hydrogen tech without consuming water. Edmonton-based cleantech startup Aurora Hydrogen has raised $12.85 million CAD ($10 million USD) in a…

Continue Reading... Aurora Hydrogen secures $12.85 million CAD from Shell, Chevron to build demonstration plant
Converge Technology Solutions
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Converge Technology secures $500 million loan to continue acquisition spree

Converge to continue acquisition strategy in North America, Europe. Gatineau-headquartered IT and cloud solutions provider Converge Technology announced this week that it has refinanced…

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Kunal Gupta, CEO of Polar and Nova, smiling
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Advertising tech startup Polar secures funding from Fort Point Capital, rebrands to Nova

Nova president: Polar pioneered the social display space. Toronto-based advertising tech startup Polar has secured an undisclosed amount of funding from American private equity…

Continue Reading... Advertising tech startup Polar secures funding from Fort Point Capital, rebrands to Nova
GreenCentre Canada
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GreenCentre Canada secures over $2.5 million from FedDev Ontario to launch cleantech accelerator program

Waterloo-based ALT TEX, Material Futures among startups selected to join the program. GreenCentre Canada has secured an over $2.5 million investment from the federal…

Continue Reading... GreenCentre Canada secures over $2.5 million from FedDev Ontario to launch cleantech accelerator program
Blume
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Blume secures $2 million CAD to scale latte replacement product

Frank and Oak, Nude Beverages execs buy into Blume’s first institutional round. Vancouver-based organic food brand Blume has closed $2 million CAD in what…

Continue Reading... Blume secures $2 million CAD to scale latte replacement product